WOLVERINE PETROLEUM CORP. v. COMMISSIONER OF INT. REV.

No. 10049.

75 F.2d 593 (1935)

WOLVERINE PETROLEUM CORPORATION v. COMMISSIONER OF INTERNAL REVENUE.

Circuit Court of Appeals, Eighth Circuit.

Rehearing Denied February 11, 1935.


Attorney(s) appearing for the Case

Truman Post Young, of St. Louis, Mo. (Thompson, Mitchell, Thompson & Young, of St. Louis, Mo., on the brief), for petitioner.

A. F. Prescott, Sp. Asst. to the Atty. Gen. (Frank J. Wideman, Asst. Atty. Gen., and Sewall Key, Sp. Asst. to the Atty. Gen., on the brief), for respondent.

Before SANBORN, WOODROUGH, and BOOTH, Circuit Judges.


WOODROUGH, Circuit Judge.

This is an appeal from a decision of the Board of Tax Appeals, (29 B. T. A. 1236) sustaining the assessment by the Commissioner of a deficiency of $32,258.86 in the petitioner's income tax for the period September 1 to December 31, 1923. The facts as found by the Board of Tax Appeals are as follows:

The taxpayer, a Maine corporation, which, on August 27, 1923, changed its name from the Central Petroleum Company, was the parent company...

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